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External
Since: Dec 26, 2005
Posts: 1297
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(Msg. 1) Posted: Tue Sep 12, 2006 12:55 pm
Post subject: Heard around the wharf...
Imported from groups: rec>boats (more info?)
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External
Since: Apr 01, 2005
Posts: 2980
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(Msg. 2) Posted: Tue Sep 12, 2006 12:55 pm
Post subject: Re: Heard around the wharf... [Login to view extended thread Info.]
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External
Since: Jun 25, 2006
Posts: 965
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(Msg. 3) Posted: Tue Sep 12, 2006 12:55 pm
Post subject: Re: Heard around the wharf... [Login to view extended thread Info.]
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Shortwave Sportfishing wrote:
> Supposedly, some of the larger marina's around these parts are going
> to start requiring million dollar liability policies for boats over 24
> feet. Minimum liability coverage at $500,000 for boats under.
>
> Hmmmm....
Anybody with a boat should have *at least* $1mm liability umbrella.
Run into a new 40-footer and sink it, and you're going to be in close
to 7 figures of trouble long before the "whiplash claims" get any
traction.
Good news is that a liability umbrella is pretty cheap insurance. We
carry a substantial
policy that has to be by far the lowest cost, per dollar of coverage,
of any insurance policy we own.
$1mm isn't any sort of money anymore. When I was a kid, anybody with
$1mm was considered set for life, now they're lucky to be considered
anything beyond middle class and unless they have a pension coming in
they are darn sure working for a living.
I don't think the new requirement is unrealistic. >> Stay informed about: Heard around the wharf... |
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External
Since: Dec 02, 2004
Posts: 1631
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(Msg. 4) Posted: Tue Sep 12, 2006 12:58 pm
Post subject: Re: Heard around the wharf... [Login to view extended thread Info.]
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Shortwave Sportfishing wrote:
> Supposedly, some of the larger marina's around these parts are going
> to start requiring million dollar liability policies for boats over 24
> feet. Minimum liability coverage at $500,000 for boats under.
>
> Hmmmm....
Geebus! >> Stay informed about: Heard around the wharf... |
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External
Since: Aug 29, 2005
Posts: 741
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(Msg. 5) Posted: Tue Sep 12, 2006 1:10 pm
Post subject: Re: Heard around the wharf... [Login to view extended thread Info.]
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"Shortwave Sportfishing" <onetwothree DeleteThis @four.com> wrote in message
news:1hmdg2tdcsnqrgs2709ash7bsbbajj4lsa@4ax.com...
> Supposedly, some of the larger marina's around these parts are going
> to start requiring million dollar liability policies for boats over 24
> feet. Minimum liability coverage at $500,000 for boats under.
>
> Hmmmm....
I've had 2 million liability on the Navigator since the year after I bought
it. Didn't trust my boat handling skills. 
Actually, the basic policy included 1 million for liability. It was very
short bucks to increase it to 2 million which I did after seeing some of the
mega yachts down south.
On another note ... just listed the Navigator with a broker. After
considerable thought we've come to realize that it is doubtful that we have
any long range cruising in our future for a while. Too busy with other
activities and would be limited in the amount of time we could spend away.
We'll keep the GB and use it for local cruising over to Martha's Vineyard,
Cuttyhunk, etc.
Problem is .... if and when it sells I'll have a 55' empty slip. I can
always lease it out.
The slip is the best non-real estate investment we've made.
Eisboch >> Stay informed about: Heard around the wharf... |
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External
Since: Dec 26, 2005
Posts: 1297
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(Msg. 6) Posted: Tue Sep 12, 2006 1:55 pm
Post subject: Re: Heard around the wharf... [Login to view extended thread Info.]
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External
Since: May 14, 2006
Posts: 2178
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(Msg. 7) Posted: Tue Sep 12, 2006 1:55 pm
Post subject: Re: Heard around the wharf... [Login to view extended thread Info.]
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"Shortwave Sportfishing" <onetwothree RemoveThis @four.com> wrote in message
news:1hmdg2tdcsnqrgs2709ash7bsbbajj4lsa@4ax.com...
> Supposedly, some of the larger marina's around these parts are going
> to start requiring million dollar liability policies for boats over 24
> feet. Minimum liability coverage at $500,000 for boats under.
>
> Hmmmm....
No apostrophe in "marinas". >> Stay informed about: Heard around the wharf... |
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External
Since: May 26, 2006
Posts: 291
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(Msg. 8) Posted: Tue Sep 12, 2006 2:55 pm
Post subject: Re: Heard around the wharf... [Login to view extended thread Info.]
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"Eisboch" <nothere RemoveThis @nowhere.com> wrote in message
news:B42dnYg3I5-qd5vYnZ2dnUVZ_qidnZ2d@giganews.com...
>
> "Shortwave Sportfishing" <onetwothree RemoveThis @four.com> wrote in message
> news:1hmdg2tdcsnqrgs2709ash7bsbbajj4lsa@4ax.com...
>
>> Supposedly, some of the larger marina's around these parts are going
>> to start requiring million dollar liability policies for boats over 24
>> feet. Minimum liability coverage at $500,000 for boats under.
>>
>> Hmmmm....
>
>
> I've had 2 million liability on the Navigator since the year after I
> bought it. Didn't trust my boat handling skills.
>
> Actually, the basic policy included 1 million for liability. It was very
> short bucks to increase it to 2 million which I did after seeing some of
> the mega yachts down south.
>
> On another note ... just listed the Navigator with a broker. After
> considerable thought we've come to realize that it is doubtful that we
> have any long range cruising in our future for a while. Too busy with
> other activities and would be limited in the amount of time we could spend
> away. We'll keep the GB and use it for local cruising over to Martha's
> Vineyard, Cuttyhunk, etc.
>
> Problem is .... if and when it sells I'll have a 55' empty slip. I can
> always lease it out.
> The slip is the best non-real estate investment we've made.
>
> Eisboch
>
Am I hearing this right?
????? "First Mate Eisboch" ?????
Jim >> Stay informed about: Heard around the wharf... |
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External
Since: Dec 26, 2005
Posts: 1297
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(Msg. 9) Posted: Tue Sep 12, 2006 4:55 pm
Post subject: Re: Heard around the wharf... [Login to view extended thread Info.]
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External
Since: Dec 26, 2005
Posts: 1297
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(Msg. 10) Posted: Tue Sep 12, 2006 4:55 pm
Post subject: Re: Heard around the wharf... [Login to view extended thread Info.]
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External
Since: Dec 26, 2005
Posts: 1297
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(Msg. 11) Posted: Tue Sep 12, 2006 4:55 pm
Post subject: Re: Heard around the wharf... [Login to view extended thread Info.]
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External
Since: May 14, 2006
Posts: 2178
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(Msg. 12) Posted: Tue Sep 12, 2006 4:55 pm
Post subject: Re: Heard around the wharf... [Login to view extended thread Info.]
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"Shortwave Sportfishing" <onetwothree.RemoveThis@four.com> wrote in message
news:ut3eg2h7larlucaecvf23q8a2n1ljncmt0@4ax.com...
> On Tue, 12 Sep 2006 16:53:41 GMT, "JoeSpareBedroom"
> <dishborealis.RemoveThis@yahoo.com> wrote:
>
>>"Shortwave Sportfishing" <onetwothree.RemoveThis@four.com> wrote in message
>>news:1hmdg2tdcsnqrgs2709ash7bsbbajj4lsa@4ax.com...
>>> Supposedly, some of the larger marina's around these parts are going
>>> to start requiring million dollar liability policies for boats over 24
>>> feet. Minimum liability coverage at $500,000 for boats under.
>>>
>>> Hmmmm....
>>
>>No apostrophe in "marinas".
>
> Sure - right. Like you never make typos.
Nevver. >> Stay informed about: Heard around the wharf... |
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External
Since: May 14, 2006
Posts: 2178
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(Msg. 13) Posted: Tue Sep 12, 2006 4:55 pm
Post subject: Re: Heard around the wharf... [Login to view extended thread Info.]
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"Shortwave Sportfishing" <onetwothree DeleteThis @four.com> wrote in message
news:ut3eg2h7larlucaecvf23q8a2n1ljncmt0@4ax.com...
> On Tue, 12 Sep 2006 16:53:41 GMT, "JoeSpareBedroom"
> <dishborealis DeleteThis @yahoo.com> wrote:
>
>>"Shortwave Sportfishing" <onetwothree DeleteThis @four.com> wrote in message
>>news:1hmdg2tdcsnqrgs2709ash7bsbbajj4lsa@4ax.com...
>>> Supposedly, some of the larger marina's around these parts are going
>>> to start requiring million dollar liability policies for boats over 24
>>> feet. Minimum liability coverage at $500,000 for boats under.
>>>
>>> Hmmmm....
>>
>>No apostrophe in "marinas".
>
> Sure - right. Like you never make typos.
Actually, it's worse than a typo. It's conditioning. We see screwed up
grammar so often in public places nowadays, the mind begins to process it as
correct. All Shrub's On Sale This Weekend. >> Stay informed about: Heard around the wharf... |
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External
Since: Apr 01, 2005
Posts: 2980
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(Msg. 14) Posted: Tue Sep 12, 2006 4:55 pm
Post subject: Re: Heard around the wharf... [Login to view extended thread Info.]
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External
Since: Aug 29, 2005
Posts: 741
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(Msg. 15) Posted: Tue Sep 12, 2006 4:55 pm
Post subject: Re: Heard around the wharf... [Login to view extended thread Info.]
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"Shortwave Sportfishing" <onetwothree.TakeThisOut@four.com> wrote in message
news:su3eg2lfmhuk1omu3ui1rs9t9m2nkjdqif@4ax.com...
>
> I'm getting a lot of pressure to get something larger and more
> accommodating (Damn you Wayne B - Damn you to hell). :>)
>
> And I have a buyer waiting in the wings.
>
> And no, I'm not interested in Navigators - too slow. :>)
>
> Man, I have a feeling this is going to hurt - expensive slow boat to
> China type hurt.
>
> SPEED RULES!!!
You could always rip out the diesels and put in a surplus gas turbine.
Might have to modify the trim tabs a bit though.
Good project for you.
Eisboch >> Stay informed about: Heard around the wharf... |
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